Nio
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This is why Nio is forming a joint venture with JAC
JAC announced Thursday that it will form a joint venture with Nio Holdings Ltd., sparking speculation that the latter is going into the mass market. But that may not actually be the case.
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Nio, JAC to establish joint venture with Nio holding 49% of shares
The company plans to have a registered capital of 500 million yuan ($77 million ), with JAC contributing 51 percent and Nio 49 percent.
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Nio's first 2nd-gen battery swap station may open in Beijing on April 15
Some customers and Nio staff have already worked together to experience the battery swap process, which takes 2-3 minutes.
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CICC maintains $85 price target for Nio, says sales expected to remain high in 2021
CICC said it expects Nio to sell 93,000 units in 2021 and is bullish on the company's medium- to long-term volume growth.
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Deutsche Bank reiterates $70 price target on Nio, says recent stock weakness buying opportunity
The team raised its full-year sales estimate for Nio by 6,000 units to 96,000 units.
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Nio delivers 5,578 vehicles in February, down 22.8% from January
It's worth noting that January through February is traditionally a slow period in the Chinese auto market, and the Chinese New Year holiday during this period can make deliveries volatile.
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Nio earnings call: Creating new brand to enter mass market is a possibility
Chinese electric vehicle maker Nio reported unaudited financial results for the fourth quarter and full-year of 2020. The company’s executives held a conference call after that. Here is what they said.
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Nio Q4 revenue in line with expectations, adjusted loss per ADS higher than expected
Chinese electric vehicle maker Nio reported revenue of RMB 6.64 billion in the fourth quarter of 2020, in line with analysts' expectations of RMB 6.64 billion, and up 46.7 percent from the third quarter of 2020.
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Nio to enter Europe in H2 this year
After entering Europe, Nio plans to start selling in other international markets in 2022.
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Nio expected to build over 300 2nd-gen battery swap stations this year, supplier says
Nio's second-generation battery swap station has completed its validation work and started critical testing before deployment, which is expected to begin in April.
